Monthly Archives: January 2015

Hot Business News Today

Avon’s Downtrend Continues And Hits 52 Week Low

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Share price of Avon Products Inc.  has been witnessing a downtrend for about over a year as the company has lost its luster due to continuous loss of active representatives, declining volume, unfavorable foreign currency translations and reduced margins in mature markets like North America. Consequently, shares of this New York-based global beauty company hit a new 52-week low of $8.54 yesterday, before closing trade at $8.61. Moreover, the stock has tumbled about 49.6% year over year.
The aforementioned factors have led Avon to produce distressed operating results over the past few quarters. Further, weakness in the emerging markets as well as regulatory and cash flow issues risking dividend are the other negatives.
Additionally, over the last four years, Avon has witnessed a declining revenue trend in North America, especially in the U.S., mainly due to a decrease in active representatives, partly offset by large average order. Total revenue from this region has declined considerably from about $2,293.4 million in 2009 to nearly $1,458.2 million in 2013. Further, revenues from this region have also declined so far in fiscal 2014, reporting an 8% fall in the third quarter. The company’s management is concerned about the decline in revenues and has been constantly striving to

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Hot Business News Today

Top Income Earner, Robert Dean, Joins Kannaway

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Robert Dean has moved companies again and Kannaway released the following press-release announcing his latest move. The statements in the press-release are of the companies and do not reflect the opinions of this publication. 

Kannaway has started the New Year with a bang. Multimillionaire mentor, author of “The Dean Effect” and world-renowned network marketing sales leader, Robert L. Dean, Jr., has joined Kannaway, the network marketing industry’s rapidly growing hemp lifestyle company.
“I am looking forward to the run of my life with Kannaway!” Dean states.

Producing more than half a billion dollars in revenue throughout his entrepreneurial career, Dean is poised to have a profoundly positive impact on Kannaway’s expanding hemp lifestyle revolution.
Around the world, hemp is known as a “super food,” “low THC cannabis” and “industrial hemp.” The ancient plant is well documented for its unique capability of producing more than 25,000 products from building materials, clean energy, auto parts, functional foods, personal care products and so much more. The industrial hemp plant is cultivated for its hemp seeds (a.k.a. “hemp hearts”), hemp seed oil, and all-natural cannabidiol or “CBD” oil that cannot get anyone “high” or “stoned.”
This is the main difference that is fueling the return of hemp to

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